Articles Tagged "copper price"

5 Top Copper Stories for Q1 2015

Copper – At the start of 2015, analysts were predicting more of the same for copper prices this year, and that forecast wasn't far off. Still, there was certainly some news from the sector this quarter. Here's a look at some of the top stories from Copper Investing News from the first quarter of 2015.

Copper Sees Improved Sentiment on Supply Issues

Copper – The copper price is still under $3 per pound, but the red metal continues to slowly creep upward as supply issues pop up. On Tuesday, the metal gained just over 1 percent to reach $2.76 per pound. Copper has been around that level since March 20, and has gained 11.74 percent since hitting a multi-year low in January.

Teck Resources and Antofagasta Deny Merger Talks

Copper – Following a Bloomberg report put out Monday suggesting that Teck Resources and Antofagasta were in talks regarding a merger, both companies have put out press releases denying that claim. The article from Bloomberg stated that Teck and Antofagasta had conducted early-stage talks, although it noted that the miners both said they were not currently in negotiations.